360 Acres in Rayville, LA - $8,100,000
LA - Richland 360 acres +/-
This farm, located at the intersection of Highway 80 and Sumlin Ranch Road, is less than seven miles from the META development and just a mile outside of Rayville. Its prime location, along with its proximity to Highway 80 and the railroad, offers significant commercial potential. There is enough acreage for a rail loop, and access via Sumlin Ranch Road from Highway 80 makes it suitable for residential development as well. The farm's close proximity to both the META development and Rayville makes it an ideal site for other large-scale projects.
Additionally, the trees on the Conservation Reserve Enhancement Program (CREP) portion of the property can provide excellent visual and auditory barriers. Alternatively, these trees can be removed, and the contract can be terminated with an acceptable offer.
The sellers are open to subdividing the property with an acceptable offer.
Eddie Davis...
Eddie Davis
Access: Sumlin Ranch Rd.
Distance to city: 2.5 miles to Hwy 425
Borders: Cropland, Residential, Woods, Railroad
Legal Desc: SW/4 of that part of S/2 of NW4 South of RR and 15 ac off W Side of E/2 of Sec 12 & also E/2 Sec 11 East of Summerlin Rd & South of RR; All in T17N R7E
Improvements: Land leveling - Row fall / 1 Well
Minerals: Reserved
CRP: 127.06 acres entry:10/1/21 exp: 9/30/36 : Annual payment 99.33/ac
Hunting: Deer / Doves / Squirrel / Rabbit
Adjoining Property types: Ag, Residential, Woodlands
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